Trading Methodology:
1. An asymmetric bullish/bearish pennant is drawn using ascending and descending curved trend lines with a minimum of three price action touche points per line. The direction is determined by the previous trend.
2. The angle tool is applied from the earliest two trend touch points, beginning at the earliest touch point.
3. A trend-based...
Learning how to use Volume Profile. What are thoughts on NCR as a swing based on about 9.5% increase back up to the Point of Control as resistance? Other indicators appear to also be acceptable.
As show on chart, price may want to complete the 5-Wave development and drive to approximately 55 per share. Will long next week, targeting 55.70 per share with SL set at 29.
Notice also a bounce from ML of a Fork which is being in play since many years ago.
NCR is currently in a descending channel with stochastic indicating reversal, and with earnings coming up and hype it could break through. I am in at 44.34 with a 43.00 stop loss.
NCR Corporation is a provider of Omni-channel technology solutions that enable businesses connect, interact and transact with their customers. The Company operates through three segments: Software, Services and Hardware. It sells a portfolio of hardware, software and services that combine to provide businesses with solutions. Its portfolio of self-service and assisted-service solutions are designed to allow businesses in the financial services, retail, hospitality, travel and telecommunications and technology industries to deliver an experience to consumers across physical and digital commerce channels. Its offerings include automated teller machines, point of sale terminals and devices, self-service kiosks, Omni-channel platform software and other software applications, and a suite of consulting, implementation, maintenance and managed services. It provides solutions for a range of industries, such as financial services, hospitality, travel and telecommunications, and technology.
This website uses cookies to ensure you get the best experience on our website. To learn more about cookies, including how to control cookies, please read our Cookies Policy.
NCR
